Hindoostan Spg. & Wvg. Mills (Delisted) share price
BSE: 502880
Hindoostan Spg. & Wvg. Mills Ltd. · Face value ₹10 Face value. The nominal value of one share as the company issued it, the unit its share capital is counted in and a dividend can be stated as a percentage of; it has no link to the share price. Face value in the glossary · Listed Mar 2001
Last traded ₹36.55 on 15 Jun 2011
Delisted on 3 Aug 2011.
Last announcements
The company's own last announcements before its shares stopped trading, routine notices left out.
Jun 2011
May 2011
14 May · Results
10 May · Business
Hon'ble High Court of Judicature at Bombay vide its Order dated April 01, 2011 passed the Scheme of Amalgamation of The Hindoostan ....6 May · Business
Equity Shareholders of Hindoostan Spinning Weaving Mills Ltd. at the Court Convened Meeting, held on January 15, 2011, approved ....
Apr 2011
29 Apr · Meeting
Register of Members & Share Transfer Books of the Company will remain closed from May 07, 2011 to May 14, 2011 (both days ....
Jan 2011
25 Jan · Results
Results for the quarter to Mar 2011
Standalone: the listed company alone, without its subsidiaries. ₹ crore.
- RevenueRevenue from operations. Money earned from selling the company's goods and services in the period. Revenue from operations in the glossary
- ₹30 Cr+68.3% on a year ago · +38.2% on the quarter beforeChange on a year ago and on the quarter before. The change against the same quarter a year before: (this quarter's figure less that quarter's) divided by that quarter's, times 100. The change on the quarter before is the same sum against the quarter just before, taken as this quarter's results restate it where the company restated it: this quarter's year to date less this quarter. Left out where either figure is a loss, where the restatement covers two or more earlier quarters without saying which, or across a change of basis named under the table, on the lines it affects.
- Net profitNet profit. What is left of revenue and other income after every cost, interest and tax. Net profit in the glossary
- ₹1.46 Cr−42.7% on a year ago · −21.9% on the quarter before
- Net margin
- 4.8%
From revenue to net profit, ₹ crore
- Revenue30
- Depreciation−0.5
- Other income+0.6
- Profit before tax2.0
- Tax−0.5
- Net profit1.5
Hindoostan Spg. & Wvg. Mills results by quarter
Standalone: the listed company alone, without its subsidiaries. Latest quarter to Mar 2011. Results for the quarter to Jun 2011 were due by 14 Aug 2011, 45 days after it ends. Every company's dates are on the results calendar.
Revenue and net profit by quarter, ₹ crore
- Revenue
- Net profit
- Loss
Peak revenue ₹30 Cr, quarter to Mar 2011; lowest ₹10 Cr, quarter to Mar 2009A loss in 4 of the 12 quarters shown
Operating and net margin by quarter, per cent
- Operating margin
- Net margin
| ₹ crore | Sep 2007 | Dec 2007 | Mar 2008 | Jun 2008 | Sep 2008 | Dec 2008 | Mar 2009 | Jun 2009 | Sep 2009 | Dec 2009 | Mar 2010 | Jun 2010 | Sep 2010 | Dec 2010 | Mar 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 14.7 | 15.7 | 15.2 | 17.1 | 13.1 | 14.2 | 10.4 | 13.5 | 16.0 | 18.2 | 17.9 | 19.3 | 19.4 | 21.8 | 30.1 |
| Operating expenses. What the business spent to run itself in the period, materials, staff and other costs, before depreciation, interest and tax. Operating expenses in the glossary | – | 16.9 | – | 18.4 | 14.4 | 15.4 | 11.1 | – | – | 17.5 | 17.7 | – | – | – | – |
| Materials and goods boughtCost of materials and goods. Raw materials used and goods bought for resale in the period, adjusted for the change in stock held. Cost of materials and goods in the glossary | 8.9 | 10.3 | 11.5 | 13.9 | 10.0 | 11.1 | 7.9 | 9.6 | 10.6 | 13.2 | 10.8 | 13.8 | 13.3 | 14.1 | 20.7 |
| Operating profit before depreciationOperating profit before depreciation (EBITDA). Revenue less operating expenses: what the business earns from its operations before depreciation, interest and tax. Operating profit before depreciation (EBITDA) in the glossary | – | −1.2 | – | −1.3 | −1.4 | −1.2 | −0.8 | – | – | 0.7 | 0.2 | – | – | – | – |
| Operating margin | – | −7.7% | – | −7.7% | −10.3% | −8.7% | −7.2% | – | – | 3.9% | 1.0% | – | – | – | – |
| Depreciation and amortisationDepreciation and amortisation. The part of the cost of plant, buildings and other long-lived assets charged against each year they are used. Depreciation and amortisation in the glossary | 0.4 | 0.4 | 0.3 | 0.1 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.4 | 0.5 |
| Other incomeOther income. Income from outside the main business, such as interest on deposits, dividends received and gains on investments. Other income in the glossary | 1.7 | 1.1 | 1.2 | 1.1 | 2.0 | 1.2 | 0.9 | 0.9 | 0.6 | 0.6 | 0.7 | 0.4 | 0.2 | 0.3 | 0.6 |
| Finance costsFinance costs. Interest and the other costs of borrowing in the period. Finance costs in the glossary | – | 0.0 | – | 0.1 | 0.0 | 0.0 | 0.0 | – | – | 0.0 | −1.8 | – | – | – | – |
| Profit before one-off items and taxProfit before one-off items and tax. Profit before tax as it would be without the one-off items below it, as the company states it. Profit before one-off items and tax in the glossary | – | – | – | – | – | −0.3 | −0.1 | 0.6 | 1.0 | 1.0 | 2.6 | 1.1 | 1.2 | 2.2 | 2.0 |
| One-off itemsExceptional items. Gains or losses the company reports separately because they are not expected to recur, such as selling a business or writing down an asset. Exceptional items in the glossary | – | – | – | – | −0.2 | – | – | – | 1.1 | 0.6 | – | – | −4.8 | – | – |
| Profit before tax | 0.1 | −0.5 | −0.1 | −0.5 | 0.2 | −0.3 | −0.1 | 0.6 | 2.1 | 1.6 | 2.6 | 1.1 | −3.7 | 2.2 | 2.0 |
| Tax | 0.0 | 0.0 | 0.0 | 0.0 | – | 0.0 | 0.0 | – | – | – | – | – | 0.7 | 0.4 | 0.5 |
| Tax rateEffective tax rate. Tax charged as a percentage of profit before tax. Effective tax rate in the glossary | 28.6% | – | – | – | – | – | – | – | – | – | – | – | – | 15.8% | 25.9% |
| Net profit | 0.1 | −0.5 | −0.1 | −0.5 | 0.3 | −0.3 | −0.1 | 0.6 | 2.1 | 2.4 | 2.6 | 1.1 | −4.3 | 1.9 | 1.5 |
| Net margin | 0.3% | −3.4% | −0.6% | −2.9% | 2.6% | −2.1% | −1.1% | 4.3% | 12.9% | 13.1% | 14.2% | 5.6% | −22.4% | 8.6% | 4.8% |
Earnings per share in rupees, restated for later splits and bonuses.
4 years at a glance
Standalone: the listed company alone, without its subsidiaries. ₹ crore, years to September, then March.
Revenue, net profit and borrowings, ₹ crore
- Revenue
- Net profit
- Borrowings
- Loss
Peak revenue ₹90 Cr, year to Mar 2011; lowest ₹54 Cr, year to Sep 2007A loss in 2 of the 4 years shown
Operating and net margin, per cent
- Operating marginOperating margin. Operating profit before depreciation as a percentage of revenue: how much of each rupee of sales is left after running costs. Operating margin in the glossary
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. Net margin in the glossary
The company moved its year end from September to March: its last year to September on record ended in Sep 2009, its first year to March in Mar 2011.
Results for the year to Mar 2011
Standalone: the listed company alone, without its subsidiaries. ₹ crore.
From revenue to net profit
- Revenue90
- Depreciation−1.3
- Other income+1.5
- Profit before tax7.2
- Tax−1.2
- Net profit6.1
Profit and loss
Standalone, ₹ crore, years to September, then March.
| ₹ crore | Sep 2007 | Sep 2008 | Sep 2009 | Mar 2011 |
|---|---|---|---|---|
| Revenue from operations | 53.7 | 61.1 | 54.3 | 90.5 |
| 58.7 | 65.9 | 55.6 | – | |
| Materials and goods bought | 33.0 | 47.3 | 39.1 | 61.1 |
| Operating profit before depreciation | −5.1 | −4.9 | −1.3 | – |
| Operating margin | −9.4% | −7.9% | −2.4% | – |
| Depreciation and amortisation | 1.8 | 1.0 | 0.7 | 1.3 |
| Operating profit after depreciationOperating profit after depreciation (EBIT). Operating profit before depreciation, less depreciation and amortisation. Operating profit after depreciation (EBIT) in the glossary | −6.9 | −5.9 | −2.0 | – |
| Other income | 4.5 | 5.4 | 3.2 | 1.5 |
| Finance costs | 0.2 | 0.1 | 0.1 | – |
| Profit before one-off items and tax | – | – | 1.2 | 7.2 |
| One-off items | – | −0.2 | 1.1 | – |
| Profit before tax | −2.6 | −0.9 | 2.3 | 7.2 |
| Tax | 0.1 | 0.0 | 0.0 | 1.2 |
| Net profit | −2.6 | −0.8 | 2.2 | 6.1 |
| Net margin | −4.9% | −1.3% | 4.1% | 6.7% |
Operating expenses, operating profit before depreciation and operating profit after depreciation are left blank for the year to Mar 2011: the statement does not state its finance costs, which operating profit is worked out from, so operating profit is not given.
Ratios
Standalone, years to September, then March.
| Ratio | Sep 2008 | Sep 2009 | Mar 2011 |
|---|---|---|---|
| Revenue growthRevenue growth. This year's revenue less last year's, divided by last year's, times 100; blank where last year's is not above nought. Revenue growth in the glossary | 13.8% | −11.0% | – |
Interest cover is left blank for the years to Sep 2007, Sep 2008 and Sep 2009: operating profit after depreciation is a loss, and a loss covers no interest bill.
Accounting checks
Standalone, years to September, then March. Published tests of whether reported profit is backed by cash and the balance sheet.
| Check | Sep 2009 | Mar 2011 |
|---|---|---|
| Effective tax ratePublished threshold 17.16 per cent | 0.89 | 16.32 |
A threshold marked as ours has no published figure; it is the line we read the check against.
Where the return came from
Yearly rates to Mar 2011, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | +49.1% | – | – | 0.0% |
| 3 years | +4.4% | – | – | 0.0% |
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth and the change in P/E are left empty where earnings per share at either end of the window was a loss or is not on record.
Recent sessions
The 10 trading days to 15 Jun 2011, as traded on BSE.
| Date | Open | High | Low | Close | Average price | Volume |
|---|---|---|---|---|---|---|
| 15 Jun 2011 | 38.60 | 39.30 | 35.55 | 36.55 | 37.00 | 15,791 |
| 14 Jun 2011 | 39.80 | 39.95 | 38.60 | 38.70 | 39.13 | 5,450 |
| 13 Jun 2011 | 38.00 | 39.80 | 38.00 | 39.20 | 38.72 | 5,685 |
| 10 Jun 2011 | 38.60 | 38.95 | 37.25 | 37.40 | 37.86 | 7,153 |
| 9 Jun 2011 | 39.50 | 39.60 | 38.75 | 39.00 | 39.13 | 8,773 |
| 8 Jun 2011 | 38.50 | 39.70 | 38.50 | 39.05 | 39.20 | 10,220 |
| 7 Jun 2011 | 40.50 | 41.00 | 38.20 | 38.60 | 39.56 | 10,888 |
| 6 Jun 2011 | 37.85 | 40.40 | 36.75 | 39.25 | 39.36 | 4,603 |
| 3 Jun 2011 | 37.75 | 38.65 | 37.00 | 37.30 | 37.37 | 11,486 |
| 2 Jun 2011 | 38.50 | 39.20 | 37.00 | 37.75 | 37.88 | 7,570 |
Prices in ₹ per share as traded, not adjusted.
Company details
- BSE code
- 502880
- ISIN
- INE066D01017
- Website
- www.hindoostan.com
- Registered office
- Sir Vithaldas Chambers, 16 Mumbai Samachar Marg, 400001, Maharashtra
- Share registrar
- Computech Sharecap Ltd
- Keeps the register of shareholders and handles transfers and dividend payments